11th Dec 2015 07:00
11 December 2015
Galasys PLC
("Galasys" or the "Group")
Announcement RE Court Order
The Company announces that, pursuant to the announcement made on 17 November 2015 in relation to the Court Order, the court hearing has been adjourned until January 2016.
The Company will provide a further update when there is substantive development in this situation.
For further information, please contact:
Galasys PLC Teh Kim Seng - Non-executive Chairman Sean Seah - Chief Executive Officer
| + 6032858 9959 |
WH Ireland (Nominated Advisor & Broker) Adrian Hadden/Mark Leonard
| 0207 220 1666 |
Newgate (Financial PR) Adam Lloyd/Bob Huxford/Helena Bogle
| 0207 653 9850 |
About Galasys
Galasys is a leading integrated and modular amusement park solutions and services provider to premier amusement parks in China and South East Asia. Through its proprietary systems, the Group provides amusement park operators with the ability to sell, manage and analyse tickets, visitors, merchandise sales and other amusement park operations. It has been operating since 2005 and supplies solutions and services to more than 160 amusement parks in China and South East Asia. The Group has invested more than 50 man-years in R&D and owns the intellectual properties to its software and systems. The Group currently employs and retains more than 140 people across Asia.
In recognition of the quality of the Group's solutions and services, Galasys is a merit recipient for the prestigious 2015 ASOCIO ICT Awards in the category of Outstanding ICT Company.
For more information, please visit www.galasystec.com
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